GST compensation cess

GST compensation: Centre will borrow to meet shortfall

The proposed borrowing will not reflect on the Union Budget, but will appear as capital receipts in state budgets. Read more »
IMF world economic outlook

Covid-19 will cause sharp fall in living standards, warns IMF

IMF says the Indian economy will fall by 10.3% in the current financial year, compared with 4.5% contraction predicted in June. Read more »
Online entrepreneurship education

Online entrepreneurship education in the times of Covid

In India, many students do not have access to smartphones, laptops and high-speed internet, posing a threat to quality online education for the masses. Read more »
Indian handloom worker

Majority of handloom workers earn less than Rs 5,000 per month, govt informs Parliament

About 26.2% of handloom workers earned between Rs 5,000 and Rs 10,000, Union textiles minister Smriti Zubin Irani informs Rajya Sabha. Read more »
Narendra Modi government's ineffective stimulus

Strong infrastructure governance needed for effective public investment

Government investment in infrastructure is often criticised for expensive, poor-quality projects that offer very little benefit for the people and the economy. Read more »

Nirmala Sitharaman asks banks to lend aggressively to boost GDP growth

The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »
GST collections down

GST collection in August at Rs 86,449 crore

The economies of a dozen states are under strain due to non-payment of GST dues. This has forced them to cut capital expenditure and delay salary payments. Read more »

Covid-19: Most countries report disruption in health services

A majority of the 105 countries surveyed had to suspend many routine and elective services, while critical care was interrupted in low-income countries. Read more »
New coronavirus could

Developing countries stare at the prospect of lost decade

A large section of the population in in LIDCs live near subsistence levels. The governments' ability to support them is curtailed by limited fiscal resources. Read more »
coronavirus death rate in India

Covid-19 updates: India’s case fatality rate drops to 2.25%

India recorded 47,704 new cases and 654 deaths in the last one day. The country registered more than 30,000 recoveries per day for the fifth day running. Read more »